From Deseret News archives:
Provo-Orem ranked No. 1 in nation for job growth
The report from the Milken Institute ranks Provo-Orem first in job growth among the country's large metro areas. Salt Lake City was third, and Ogden-Clearfield was 18th. Among small metros, St. George was fourth.
While St. George slipped from a second-place ranking last year, Provo-Orem climbed from eighth, Salt Lake moved up from 18th and Ogden-Clearfield jumped from 42nd.
The Milken index is designed to measure areas that are most successful in job creation and retention, the quality of jobs being produced and overall economic performance. The report measured growth in jobs, wages and salaries, and technology output between 2002 and 2007 and incorporated data through March 2008 to check recent momentum. Employment growth is weighed the most heavily in the index, which also incorporates other measures, including some to reflect the concentration and diversity of technology industries.
The report notes that Provo-Orem has been outpacing the nation for job growth for several years. Much of the area's economic growth has been fueled by "a remarkable recovery" in high-tech information services and hardware companies after the tech bubble burst in 2001, the report said. Provo-Orem also has benefited from increased research and associated spin-off activity at Brigham Young University.
Salt Lake's job growth also has been bolstered by its high-tech sector, but energy operations "factored into the outcome, as well," the report said. And the city has become an important regional financial center.
The city has benefited from a strong health-care sector, University of Utah medical research, the state's commercialization activities, travel and tourism, export markets and business investment in information technology, although the local housing sector had slowed, the report said.
Ogden-Clearfield was cited for a growing construction industry, strong population growth, and job growth in health care, administrative and support industries, as well as professional, scientific and technical services. The new rail line between Salt Lake and Ogden is expected to help future economy activity, and Hill Air Force Base helps the area's emerging aerospace industry, the report said.
Recent comments
hey new data guy, who hasn't. SLC, Denver, all have seen a jump in...
Interesting | Sept. 10, 2008 at 9:44 a.m.
According to current data, both the Provo/Orem MSA and the St. George...
Check out the new data. . . | Sept. 10, 2008 at 6:56 a.m.
- Temperatures to drop, snow possible 4:46 p.m.
- Police: men threatened Orem officer 4:40 p.m.
- Art of medicine can require delays 4:34 p.m.
- Release dying dog from senior work 4:34 p.m.
- 'Evenings at the Museum' Friday 4:33 p.m.
- Venom is potential medicine 4:33 p.m.
- Pavel Haas Quartet eloquent 4:33 p.m.
- Mormon Times briefly 4:30 p.m.
- Mom pleads in child beating 4:26 p.m.
- Man has car stolen, gets stabbed 4:21 p.m.
- SLC council OKs gay rights policies
- Utah Jazz have a problem at point
- 'Love story' of crash victim ends
- BYU football recruit turning heads
- 12 Utes return to Texas
- Alta's Ohai is Ms. Soccer 2009
- Prep football: Felt's Facts Week
- Wyoming writer amazed by BYU
- Civilians help S.L. officer make arrest
- Cougars' defensive hoops clinic
- House passes health care bill
274 - SLC council OKs gay rights policies
217 - TCU showdown has big implications
189 - Senators want food tax restored
157 - Cougars crush hapless Cowboys
155 - Utah Jazz fall apart against Kings
131 - TCU 4th in AP poll; U. 16th, Y. 22nd
119 - S.L. vote pending on gay protections
109 - No 'backlash' for pioneers, gays analogy
108 - Pratt pleads not guilty to sex charges
98
Maybe someone out there can help me understand how raising the state...
@4:07 from THEM Thank God, you probably own no apartments, and that...
I've been to Mali with this particular foundation, and I just want to say...
I read so many of these negative comments. I think the Cougars play very...
Is there just an endless supply of slimey, no-life, mental midgets who have...
Do you really think that 10+ colleges are that stupid? Lloyd was heavily...
Desert Rat, MJ is just plain good
When I was a young boy, my father emphasized one guiding principle, "Never...
I have no sympathy for the person who impoverished many people and has no...
Hey Felt! How come you don't mention the Pleasant Grove vs. Pittsburg...
WHO really TRUSTS Congress?. The Demo's or GOP. NO ONE DOES. The stats and...

